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An auditor working for Musgrave CPA firm has just frished the audit of a sample of accounts receivables and has concluded that material misstatements are

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An auditor working for Musgrave CPA firm has just frished the audit of a sample of accounts receivables and has concluded that material misstatements are present. This finding could be an example of incorrect rejection, because the auditor is only testing a smple instead of the entire population, and thus may draw an incorrect conclusion incorrect acceptance, because the auditor may incorrecty be concluding that material mistatements exist when they actualy do not incorrect acceptance, because the auditor is only testring a sample instead of the entire population, and thus may drawan anicorrect conclusion incorrect rejection because the auditor may increrrect be acto concluding that material mistatements exist when ther a actally

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